Taekjin Hyung This Time in Finance? NC Participates in AI Securities Joint Venture

[Asia Economy Reporter Buaeri] NCSoft announced on the 7th that it has joined a joint venture with KB Securities and December & Company Asset Management to launch an 'AI (Artificial Intelligence) Easy Investment Securities Firm.'

The three companies plan to create a new form of digital securities firm by combining NCSoft's AI technology, KB Securities' financial investment expertise, and December & Company's robo-advisor technology.

The joint venture was formed with NCSoft and KB Securities each investing 30 billion KRW in December & Company. December & Company is the only domestic firm equipped with robo-advisor technology capable of personalized portfolio construction and real-time rebalancing.

NCSoft reviewed AI-based technology cooperation plans upon KB Securities' proposal and decided to participate in the joint venture aiming to secure financial AI technology and enhance AI competitiveness.

NCSoft will develop an 'AI PB (Private Banking)' that provides asset management advice through artificial intelligence rather than humans by integrating NLP (Natural Language Processing) technology with financial data from KB Securities and December & Company.

NCSoft plans to evolve the 'AI PB' into a differentiated AI financial investment platform by combining it with December & Company's customized robo-advisor service, Fint.

Jang Jeong-seon, head of NCSoft's NLP Center, stated, "We expect NCSoft's AI technology to take a leap forward with the launch of the joint venture," adding, "We will continue to apply our research outcomes to various fields and develop the potential of AI technology."

This content was produced with the assistance of AI translation services.